Birdwatch Note Rating
2022-05-14 21:17:26 UTC - HELPFUL
Rated by Participant: 0FB4620EEA09D7BA605F668F3D3B9059F6176938F25204A187467F94D0E48ED5
Participant Details
Original Note:
Economists agree that the COVID stimulus has only led to 0.2-0.3 percentage points to inflation. Right now, inflation is high globally due to the war in Ukraine, the pandemic, and high corporate profits. Taxing corporations is an effective way to tamper money supply https://www.npr.org/sections/money/2022/01/18/1073053108/the-movement-to-stick-inflation-blame-on-biden https://www.nytimes.com/2021/10/18/business/economy/fed-inflation-stimulus-biden.html https://www.nytimes.com/2022/04/12/business/global-inflation.html https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
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